| MTG-A Stock | | | SEK 94.50 0.50 0.53% |
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Modern Times Group has current Total Risk Alpha of 0.2856. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.2856 | |
| ER[a] | = | Expected return on investing in Modern Times |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Modern Times |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Modern Times Total Risk Alpha Peers Comparison
Modern Total Risk Alpha Relative To Other Indicators
Modern Times Group is regarded
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
37.36 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Modern Times Group is roughly
37.36 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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